Vedanta Limited has extended the timeline for fulfilling conditions related to its Scheme of Arrangement until March 31, 2026. This extension applies to the arrangement involving Vedanta Aluminium Metal Limited, Talwandi Sabo Power Limited, Malco Energy Limited, and Vedanta Iron and Steel Limited. The decision was made due to ongoing processes for approvals, including the National Company Law Tribunal (NCLT) approval.
Scheme of Arrangement Timeline Extended
Vedanta Limited has announced an extension to the timeline for the fulfillment of specific conditions related to the Scheme of Arrangement, now set to conclude by March 31, 2026. This extension applies to the arrangement involving Vedanta Aluminium Metal Limited, Talwandi Sabo Power Limited, Malco Energy Limited, and Vedanta Iron and Steel Limited. The initial timeline was set to expire on September 30, 2025.
Reason for Extension
The extension has been granted because certain necessary approvals, including those from the National Company Law Tribunal (NCLT) and other governmental bodies, remain in process. The decision to extend the timeline reflects the company’s commitment to fulfilling all required conditions for the Scheme of Arrangement.
Implications of the Extension
This extension allows Vedanta Limited and its involved entities additional time to secure the necessary approvals and complete the conditions precedent for the Scheme of Arrangement. The company’s board approved this extension on September 30, 2025.
Source: BSE
